FREQUENT ASKED QUESTIONS
For legal reasons only registered users can join the online auction after providing a valid credit card number. In case the reserve price is met, the winner is the highest bidder at the deadline. In specific auctions we will provide as well a “buy it now” option.
Unfortunately due to the high amount of requests we can not offer a visit into the property prior to the auction closure. If you are the auction winner or you purchase by clicking the ‘buy now’ button we offer you a free accompanied tour, if you by any reason decide not to move forward with the purchase you are only due to pay our auction locker or purchase locker fee, which is 1.000 Euros.
Because being able to provide a credit card number means that you are a real person verified by the global financial system and gives us confidence that you are a serious enquirer and not a fake or a scammer.
The winner will be asked to pay the Auction Locker fee. Just after he/she will be contacted by our team in order to schedule a video-call to get to know each others, we think is a nice way to explain you the next steps.
After the introduction call we will explain you the different options available to conclude the sale and transfer you the property rights in a deed with a Notary (mandatory in Italy). In case you are not able to travel and do the deed in person we can represent you with a power of attorney. We leave it up to the auction winner to decide what makes more sense given personal circumstances.
Auction Locker is a fee of EUR 1.000,00 charged into you registered credit card to avoid auction relaunching and secure your preference at the property for the remaining of the proccess. If the property registry or payment is not possible for any reason beyond your control the process will be cancelled and the amount refunded.
We have asked an opinion to several architects and surveyors and the range is between 70K and 120K euros depending on the material and kind of project preferred by the auction winner. But no matter where you live, you can benefit from the 110% Eco-bonus and/or 60% seismic bonus, meaning you will be able to restore the house with very little money if improving its eco-friendliness and/or seismic resilience!
Yes! The Superbonus is a recent tax break introduced by the Decreto Rilancio providing a 110% tax break on qualifying home renovation expenditure paid (minimum 30%) between June 30th 2022 to December 31st 2022. The following expenditures qualify:
- Energy efficiency improvements
- Structural seismic improvements
- Solar panels
- Electric car charging stations
- Double glazed windows
RESIDENTS and NON RESIDENTS qualify for the tax break.
Any qualifying expenditure will attract the tax credit as long as it has been paid from July 1st 2020 to December 31st 2021. You can decide to use it to decrease your taxes or pass it over to a bank or to the construction company making your house renovation costs to fall sharply!
Most of the countries in the world have bilateral agreements with Italy in order to grant reciprocity rights to own real estate. Here is a list of the countries that have an agreement in place. If your country does not appear here contact us and we will double check for you.
- Obviously all the EU countries